PHILADELPHIA (Legal Newsline) - In the face of withering criticism from the insurance industry, state officials, and most recently, counsel for some of the country’s largest corporations, the American Law Institute (ALI) yesterday decided to delay a vote on a Restatement of the Law covering liability insurance for a year. The now delayed project was scheduled for discussion before the full ALI body today.
PHILADELPHIA (Legal Newsline) - Business attorneys, state insurance regulators and state lawmakers are so troubled over an impending final vote on a proposed Restatement of law covering liability insurance that they are urging American Law Institute (ALI) officials to delay it, and consider making significant changes to the document.
NEWPORT NEWS, Va. (Legal Newsline) - Legislation bringing greater transparency to an asbestos victims’ compensation system that can result in attorneys and their clients collecting multiple times for the same alleged injury is the best way to prevent duplicitous exposure claims from being made, concludes a review of court cases in Virginia's asbestos litigation “epicenter.”
OKLAHOMA CITY (Legal Newsline) - Two Oklahoma women and their attorneys have dropped a class action lawsuit in federal court that blames the recent spate of earthquakes in the state on oil and gas exploration, but they will re-file their claims against the fracking industry next year in a different court.
The negative publicity surrounding lawsuits alleging the oil and gas industry are responsible for earthquakes in Oklahoma is likely to cause more damage than the outcome of any of the suits - despite the plaintiffs' challenge of finding evidence tying fracking to the surge in activity.